President Trump's recently-floated elevation of Herman Cain to the seven-member Federal Reserve board has lost critical Republican support in the Senate, Fox News has learned, all but dooming the former GOP presidential candidate's chances. Fox News has confirmed that North Dakota Republican Sen. Kevin Cramer is opposed to Cain's prospective nomination to the Fed. Earlier Thursday, White House economic advisor Larry Kudlow told Fox News the White House still wanted Cain to join the Fed, and referred back to Trump's comments on the matter earlier in the week. The White House has not formally nominated either Cain or Moore, but Trump has said he intends to nominate both men once the White House background checks are completed. Asked about Cain's nomination in light of concerns raised by some Senate Republicans, Trump said, "I like Herman Cain.

Source: Fox News April 11, 2019 21:45 UTC